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Casterra to sell castor seeds for cultivation to leading oil and gas company; $9.1M initial purchase

Green Car Congress

signed a framework agreement to sell seeds of its proprietary castor varieties to one of the world’s leading oil and gas companies for cultivation in specific African territories. Initial purchase orders, valued at an aggregate of $9.1 of the current world demand for non-fossil oil for biodiesel. Casterra Ag Ltd. ,

Oil 276
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2019 NTEA Fleet Purchasing Outlook reveals continued strong demand for biodiesel in diesel trucks

Green Car Congress

For the third time in four years, surveyed fleets named biodiesel as their top alternative fuel choice both for current use and future interest. Survey participants named biodiesel as their top alternative fuel choice at 16%. Additionally, biodiesel was named as their top choice for future interest at 14%.

Purchase 207
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EIA: China promoting both fuel efficiency and alternative-fuel vehicles to curb growing oil use

Green Car Congress

Increasing oil demand is requiring increasing imports; since 2009, China has been importing more than half of its petroleum needs. The government plans to invest an estimated $15 billion in alternative-fuel vehicles during the next 10 years. China Electric (Battery) Fuel Efficiency Oil Policy'

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President Obama issues Memorandum on Federal fleet performance to push for alternative fueled vehicles; GSA pilot project on EV purchases

Green Car Congress

GSA announced its initial purchase of more than 100 electric vehicles for a vehicle pilot. In the Memorandum, the President specifically directs that by 31 December 2015, all new light-duty vehicles leased or purchased by agencies must be alternative fueled vehicles, such as hybrid or electric, compressed natural gas, or biofuel.

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President Obama announces $1B National Community Deployment Challenge to spur deployment of alternative-fuel vehicles; new purchasing incentives; new EV Everywhere research grand challenge

Green Car Congress

US President Barack Obama announced a new $1-billion National Community Deployment Challenge to spur deployment of advanced alternative fuel vehicles in communities around the country. National Community Deployment Challenge. Tax credits.

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Techno-economic Study of Bio-oil to Naptha and Diesel Finds Calculated Costs Competitive with Other Kinds of Alternative Fuels

Green Car Congress

A team from Iowa State University and ConocoPhillips, Biofuels R&D performed a techno-economic study examining the fast pyrolysis of corn stover to bio-oil with subsequent upgrading of the bio-oil to naphtha and diesel range fuels. Capital costs for these plants are $287 and $200 million. Earlier post.).

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Rasmussen Poll Finds 48% Likely To Buy Alternative Fuel Car Within Next 10 Years

Green Car Congress

A new Rasmussen poll found that 48% of Americans are likely to purchase a car that runs on something other than gasoline within the next ten years; 45% say they are not likely to purchase an alternative fuel car. Within those findings, 22% say will very likely purchase an alternative fuel car, with 13% not at all likely.